$200,000 $220/sf Earn $4,000
$200,000
Credit Back up to $4,000*
$219.78/sf
Active - House for sale
Don't miss the chance to purchase a portfolio of income-generating properties! 106 NE Railroad Ave features 2 bedrooms and 1 bathroom and enjoys consistent bookings from Airbnb and Vrbo guests year-round and is available for individual purchase. The seller owns two additional adjacent 2 bedroom 1 bathroom houses, each available for $200,000. There is a 4th home available (3 bedrooms and 1.5 bathroom) in the portfolio that is in need of repair, which is priced at $100,000. Three of the four homes currently generate income through Airbnb and Vrbo, with the potential to boost earnings once the fourth house is renovated. The total gross profit from Airbnb, Vrbo, and rental income is $72,200 resulting in a yearly net profit of over $62,000! The portfolio maintains high occupancy due to its proximity to a local factory, just 15 minutes away, and popular hunting grounds nearby. Very minimal competition in the area. The seller can provide a profit and loss statement and a reservations list upon request. All homes are sold turn-key. Please inquire or use map search for additional addresses.
* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.
What will my commute be?
Status: Active
Listed Date: 08/16/2024
Days On Market: 92
Year Built: 1985
Parcel Number: OP1 048A
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